REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2638 Nautilus Ave NW, Salem, OR 97304

3 beds • 3 baths • 2485 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.39% first-year return on $128k initial cash invested.

-13.39%

Cash On Cash

3.01%

Cap Rate

0.51

DSCR

$3,733

Rent

-$1,433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,733 income − $5,166 expenses = $1,433 out of pocket

Income$3,733Out of Pocket$1,433Mortgage P&I$2,60470%Property Taxes$51414%Insurance$1865%HOA$712%Management$56015%CapEx$1494%Maintenance$1494%Other$93325%

Investment Breakdown

|

Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,258

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,733

Total Expenses

$5,166

Mortgage P&I

70%

$2,604

Property Taxes

14%

$514

Home Insurance

5%

$186

HOA

2%

$71

Property Management

15%

$560

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$933

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis